1900 Morgan Silver Dollar

2021年11月25日
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Mintage: 12,590,000
Finest Known: MS67+ (NGC) MS67+ (PCGS)
Auction Record: $9,394 (MS67+)
Even before the Treasury began to release silver dollars in the mid 20th century, the 1900-O Morgan dollar was considered common. Nearly 12.6 million were struck in New Orleans that year, and many were just stored in bags and not circulated. When the Treasury did begin to release those dollars, the 1900-O Morgan was well represented. Mint State grades: 1900 dollars are among the most common of Morgan dollars. As noted, relatively few were in the 1962-1964 Treasury release, and many of the bags issued before then had been assimilated into the hands of collectors by that time. Thus, although the issue is common, more are held by the public than by numismatists. 1900 P Morgan Silver Eagle Dollar Coin ICG MS66 Gem BU UNC $1 Certified. $350.00 previous price $350.00. Free shipping.MAKE-A-$138 OFFER.= “OBW” 1899-0. Home 1900 Morgan Silver Dollars 1900 Morgan Silver Dollar CoinTrackers.com has estimated the 1900 Morgan Silver Dollar value at an average of $30, one in certified mint state (MS+) could be worth $150. Type: Morgan Silver Dollar. Home 1900 Morgan Silver Dollars 1900 Morgan Silver Dollar CoinTrackers.com has estimated the 1900 Morgan Silver Dollar value at an average of $30, one in certified mint state (MS+) could be worth $150. Type: Morgan Silver Dollar.
NOTE: PCGS has determined that all 1896-O, 1900-O and 1902-O Silver Dollars with so-called ’Micro o’ mintmarks were counterfeit.
Like nearly every mintage, the nearly 12.6 million 1900-O Morgan dollars went straight to storage as they were struck. After the decommissioning of the New Orleans Mint in 1911, all remaining coins in storage were sent to the Treasury Department in Washington D.C. In 1929, large quantities of 1900-O Morgan dollars were shipped from D.C. to the main U.S. Mint in Philadelphia for long term storage. Bags of 1900-O Morgan dollars left the Treasury vaults beginning in the 1930s, when requests came in from banks, thus leading to a number of them finally reaching circulation.
In October 1962, literally hundreds of 1000-coin bags of Mint State 1900-O Morgan dollars were disgorged from the vaults of the Philadelphia Mint. This has made the date readily available in Mint Grade. In a bizarre turn of fate, there are more MS67 1900-O Morgan dollars on the market than all other Mint State grades put together!
Note that, upon careful inspection, PCGS determined that all 1896-O, 1900-O, and 1902-O Morgan dollars with a ’micro O’ mintmark are counterfeits.The Value of a 1900-O Morgan Dollar
The 1900-O Morgan dollar could be a poster child for ’common date Morgans’. Of the massive original mintage or more than 12 and a half million coins, it is estimated that fully 10% survived the various government and private meltings. The 1900-O was already available in mass quantities before the Great Morgan Dollar Disbursement by the Treasury Department in 1962.1900-O Morgan Dollar Price GuideCirculated GradesVery Fine 25Extremely Fine 45About Uncirculated 55$33$37$46Uncirculated (Mint State) GradesMint State 61Mint State 63Mint State 65Auction Record (MS67+)$59$73$135$9,394Grading Morgan Dollars
The value of a Morgan dollar depends on its rarity and condition. Like anything else, the better the coin’s condition, the more it is worth. Prices show a substantial jump as their condition reaches mid-level uncirculated grades.Buy Morgan Silver Dollars Cheap
Determining the condition of a coin is called ’grading.’ The coin grading scale, for reasons too lengthy to cover here, goes from 1 to 70. A Mint State 70 coin (MS70) is completely flawless, even when examined under 5x magnification. This level of detail was impossible with the coining technology of the 19th and early 20th centuries.
THE HIGH POINTS WHERE SIGNS OF WEAR FIRST APPEAR ON MORGAN DOLLARS
There are a few high points on the Morgan dollar that will be worn down first. Other than rarity, the amount of wear in these high places is what drives most of the value of the coin.
*Top of cheek
*Brow
*Hairline
*Hair over ear
*Curls over date
*Top of cap
*Eagle’s breast
*Eagle’s legs
*Eagle’s head
*Right wingtip
Note that some mintages of Morgan dollars may have been weakly struck at the Mint. Morgan dollars minted at the San Francisco and New Orleans Mints are more likely to have weak strikes than those produced at Philadelphia. A weakly struck Morgan dollar may be missing some fine detail, but this does not mean that the coin is worn. Be aware if the coin you are looking at is from a date known for weak strikes.
PRIME FOCAL AREAS ON MORGAN DOLLARS
There are certain places on a Morgan dollar where damage is far more noticeable. Damage in these ’focal areas’ will affect the grade a Morgan dollar achieves, more than damage in other places.
*Face and neck of Liberty
*The field in front of Liberty’s face
*Body and wings of the eagle
*Fields to sides of wings and above eagle’s headVery Fine
A VF25 Very Fine Morgan dollar will have light to moderate wear. Wear will be greater on the high points of the coin. Bag marks or circulation damage may be present in prime focal areas, keeping this coin from a higher grade. High points will show some flattening and loss of detail, but all major and many minor details are still present. Most or all mint luster will be gone.
OBVERSE
Liberty’s hair will show flatness along the hairline above the forehead, over the ear, and down next to the date. Liberty’s cheek might show moderate abrasion. The top of Liberty’s cap will show wear. The cotton bolls in Liberty’s crown will have some minor detail worn away. The cotton leaves will also exhibit flatness.
REVERSE
The top of the eagle’s breast and legs will be worn smooth. The head and neck will be worn, but not to the same extent. The talons will be flat. The leaves of the wreath will be distinct, but with many showing wear. All wing feathers will be present, but some will be missing detail. The right wingtip will be worn.Extremely Fine
The XF45 Extremely Fine Morgan dollar will exhibit light wear overall, focused on the usual high points. Nearly all minor details are present and well defined. It might display up to half of the original mint luster. Again, marks or circulation damage may prevent this coin from earning a higher grade.
OBVERSE
Liberty’s hairline is full, with some flatness on the high points above the eye and ear. The hair retains fine strands, giving the face a more detailed appearance. Mild wear has taken the luster from Liberty’s cheek, but it retains its full shape. The cotton bolls are beginning to exhibit minor details. Flatness is evident on the top of the bolls and the edges of the cotton leaves. The high point of the cap is flat.
REVERSE
Feathers are beginning to show on the eagle’s breast. The head and neck are more detailed, but retain some flatness. The legs show major details on the sides, but the tops are worn. The talons are slightly flat. Most wing feathers are well-defined. The right wing shows wear across 25% of the wing. The edge of the left wing will show some wear.About Uncirculated
An AU55 About Uncirculated Morgan dollar will present very light friction or wear, but only on the high points. Mint luster should be complete, or nearly so. Scratches and marks should be small and unobtrusive. An AU55 Morgan dollar should present positive eye appeal, even when compared to low-grade Mint State coins.
OBVERSE
Slight rubbing or friction may be seen at the regular high points. Liberty’s hair will display high detail. The cotton and wheat in the hairband will have full detail. The cheek may show impaired or missing luster.
REVERSE
The reverse should present full detail, aside from faint rubbing on the high points of the eagle (the head, breast, top of the legs, and talons.)Mint State Morgan Dollars
Mint State (Uncirculated) coins are those that remained in sealed canvas Mint bags before being acquired by a coin collector. As a rule, these coins will have complete mint luster, and no ’post-Mint’ damage. However, when talking about Mint State coins, ’uncirculated’ does not mean ’undamaged.’
That last detail is important, because while Mint State Morgan dollars were never paid out (people preferred paper silver certificates), they could still see substantial damage from being slung around in the giant canvas bags the same way bags of quarters, nickels, dimes, and cents were. The damage coins receive from banging into one another is called ’bag marks.’
No matter how beat up a Morgan dollar looks, if there is no circulation wear and it retains mint luster, it will grade as Mint State. This is why Mint State coins are graded from MS60 (worst) to MS70 (perfect). Because Morgan dollars were handled like any other circulation coin, there will never be a perfect MS70 Morgan dollarMint State 61
A MS61 Mint State Morgan dollar will have substantial mint damage. Much of this damage will be in prime focal areas (see ’What Are The Prime Focal Areas On Morgan Dollars’, above.) Many large and small bag marks, and even gouges make this coin unattractive. It is readily apparent when a coin is going to grade as low as MS61. Coin collectors will not waste money having such a coin professionally graded, unless it is a rare mintage.Mint State 63
Mint State MS63 (and MS64) Morgan dollars are more attractive than lower grades, with good strikes and mint luster. They will still have enough marks or scuffs to be distracting. Some of these will be in prime focal areas. None will be heavy or particularly detracting. MS63 and MS64 are the most popular grades of Morgan dollars. They’re nicer than the MS60-MS62 coins, and not nearly as expensive as MS65 ones.Mint State 65
A Mint State 65 Morgan dollar is also known as ’Gem Uncirculated,’ with good reason. It will have a sharp strike, and full, attractive luster. It will show scattered, light marks, with none in the prime focal areas. The eagle’s breast or Liberty’s cheek may display light friction from the time the coin spent in a bulk canvas bag in Treasury vaults The far higher attractiveness of a MS65 Morgan dollar explains the large difference in price when compared to a MS63 of the same date.Mint State 66Old Silver Dollars Value Chart
MS66 Morgan dollars are rare, even when compared to a MS65. They will have a clean, sharp strike. The MS66 Morgan dollar boasts a pleasing, full original luster. It has very few, very light marks or imperfections that barely detract from the coin’s very attractive appearance.
The information on this page does not constitute an offer to buy or sell the coin(s) referred to. 1972 dollar coin value. Statistics are for Mint State coins only. Proof and prooflike examples of this issue may have greater or lesser ’finest known’ and different record auction prices. Posted In: library
CoinTrackers.com has estimated the 1900 O Morgan Silver Dollar value at an average of $30, one in certified mint state (MS+) could be worth $145. (see details)..
Type:Morgan Silver Dollar
Year:1900
Mint Mark: O
Face Value: 1.00 USD
Total Produced: 12,590,000 [?]
Silver Content: 90%
Silver Weight: .7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $30, while one in certified mint state (MS+) condition could bring as much as $145 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1900, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: MS-65 1900 O Morgan Silver Dollars are selling fast.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $8.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1900 O is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
Want to join CoinTrackers and Track Your Coins 100% FREE?More of the SameAll US Dollar Coins1900 Morgan Silver Dollar Uncirculated
**list does not count the newer Presidential Dollars1900 Morgan Silver Dollar Value ChartMost Valuable Coins by Type..
[Top of Page]1900 Silver Dollar Value Chart
**When we say that 12,590,000, of these coins were produced or minted in 1900 this number doesn’t always match the actual circulation count for this coin. The numbers come from the United States mint, and they don’t reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
We use user submitted pictures please read that article if you are interested in adding your own.
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